Crossroads: Potential last wave up (C-wave)

2024年9月22日

Chart description:

• ABC correction - C wave (final 5th wave)
  
• RSI trendbreak (confirmation 1)
  
• MACD - move down to zero-line (confirmation w4)
  
• MACD - Zero-line reversal (upward) + signalcrossing would confirm 5th
  
• Waiting for price to make a higher low (HL) in which price moves above previous high (see previous flag indications)
  

2024年9月22日

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2024年9月24日

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CKB is holding strong. Consolidation with low volatility, which supports a bullisch narative. As pointed out, I expect CKB to make one more high. Minimum target $0.0202.

2024年9月24日

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Moreover, a MACD zero-line reversal with a bullish signal crossing confirmed a finished w4.

2024年9月24日

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If BTC breaks 65k then w4 is finished.

2024年9月25日

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Have this primary BTC scenario in mind.

2024年9月26日

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Keeping it simple. If BTC can break $64.5k then wave C is finished (w4) and we're looking at a potential w5 in the making. **My chart displays a 1-2,1-2 setup, but probabilities are low. For that, we need see some volume. MACD(4h) could go first a bit lower to finished w5(2) before a ZLR to support w5(3). Either way, I want BTC to take out 65k.

2024年9月26日

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Update BTC:

2024年9月26日

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BTC's attempt to break 65k!!

2024年9月28日

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BTC update.